FirmaIQ
Org.nr 921 111 347 2009 → 2010 Year-over-year analysis

AKERSGATA 18 AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-05-04; registry 2011-08-22; journal 2011 614218

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKERSGATA 18 AS. Revenue 16.64m NOK → 16.98m NOK (+2.0%). Net result +254.2k NOK → +52.5k NOK. Equity -50.59m NOK → -50.54m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for AKERSGATA 18 AS.

At a glance

Scorecard

Revenue
16.64m NOK 16.98m NOK
+2.0%
Operating result
+12.55m NOK +12.39m NOK
-1.3%
Net result
+254.2k NOK +52.5k NOK
-79.4%
Equity
-50.59m NOK -50.54m NOK
+0.1%
Total assets
175.11m NOK 174.21m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.64m NOK to 16.98m NOK (+2.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -50.59m NOK → -50.54m NOK (equity ratio -28.9% → -29.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +12.55m NOK → +12.39m NOK (op. margin 75.4% → 73.0%). Calculated

  • ↓

    Net result weakened

    Net result +254.2k NOK → +52.5k NOK (net margin 1.5% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -29.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 7.06m NOK → 7.28m NOK (42% → 43% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.38m NOK → 1.80m NOK. Reported fact